FMP

FMP

Enter

Hanmi Financial Corporation (NASDAQ: HAFC) Sees Optimistic Price Target from Piper Sandler

- (Last modified: Oct 24, 2024 10:33 AM)

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • Piper Sandler sets a price target of $25.50 for NASDAQ:HAFC, indicating a potential upside of 18.27%.
  • The company's stock reached its highest price over the past year at $21.64, with a market capitalization of approximately $652.6 million.
  • Today's trading volume for HAFC on the NASDAQ exchange is 292,581 shares, reflecting growing investor interest.

Hanmi Financial Corporation (NASDAQ: HAFC) is a financial services company that provides banking and financial solutions. It operates primarily in the United States, focusing on serving small to medium-sized businesses. The company competes with other financial institutions in the banking sector, striving to offer competitive services and products.

On October 23, 2024, Matthew Clark from Piper Sandler set a price target of $25.50 for HAFC. At that time, the stock was priced at $21.56, suggesting a potential upside of 18.27%. This optimistic outlook comes after the company's Q3 2024 earnings call, which took place on October 22, 2024.

During the earnings call, key figures such as Bonnie Lee, the President and CEO, and Ron Santarosa, the CFO, discussed the company's financial performance and strategic plans. Analysts like Kelly Motta from KBW and Adam Butler from Piper Sandler participated, providing insights into HAFC's future prospects.

The stock price of HAFC has seen a 7.10% increase, with a change of $1.43, reaching a high of $21.64 today. This marks its highest price over the past year, with the lowest being $13.87. The company's market capitalization stands at approximately $652.6 million, reflecting its position in the financial market.

Today's trading volume for HAFC is 292,581 shares on the NASDAQ exchange. This activity indicates investor interest and confidence in the company's potential growth, as highlighted by the recent price target set by Piper Sandler.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep